Ritter cutting another $286M from state budget

By: Associated Press Email
By: Associated Press Email

Denver (AP) - Colorado Gov. Bill Ritter has laid out his plan to cut another $286 million from the state budget.

The cuts announced Wednesday include reductions in Medicaid provider rates and severance tax grant funds for counties impacted by oil and gas drilling. he also wants to cut $145 million from higher education.

The cuts to higher education will be covered by federal funds this year, but those funds will not be available next year. Colleges and universities may be hard hit if new funds are not found by then.

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